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The owner would be the landlord, there is no benefit to them installing solar panels unless it increases the rental value to pay for them, it likely doesn't. So
by rythie 6y ago
The owner would be the landlord, there is no benefit to them installing solar panels unless it increases the rental value to pay for them, it likely doesn't. Solar panels don't add value to a house and may decrease it. [1] Also there limits solar panel installations in conservation areas in UK and your roof can face the wrong way, so they are not efficient particularly.
[1] https://www.which.co.uk/news/2017/07/do-solar-panels-affect-the-value-of-your-home/ https://www.which.co.uk/news/2017/07/do-solar-panels-affect-...
- mavhc 6y agoNo money for generating solar power? I get 20p/kwh
- rythie 6y agoRates for new installations are much lower. Complicated to work it out, but seem to be around 4p/kwh. Also, the landlord would not benefit from any feed in tariff as the tenant pays the electric bill and would receive any feed in tariff benefit.
- mavhc 6y agoMost of those houses existed when the rate was high
- rythie 6y agoThat's not how it works, it's based on the date of the solar installation, not when the house was built.
- mavhc 6y agoBut why didn't the owner install solar back then?
- gambiting 6y agoUhm.....back when? In the UK out of the 9 houses I rented so far 8 were 80+ years old, and the last one was "only" 40 years old. Installation of solar panels on houses this old also presents some challenges, as most of them will have original roofs quickly approaching a full century. And if you need to replace the roof just to install some solar panels it quickly becomes an unprofitable idea.
- Qwertious 6y agoWho cares? Statistically most houses in most places don't have solar. No amount of justification or argument will go back in time and retroactively change that historical fact.
- nomel 6y agoThere are other investment options for something that has no liquidity and doesn't result in a profit for 8 years or more.
- gambiting 6y agoI rented a house in the UK which had solar panels but we never received any money from the electricity generated with it(I knew that's the deal going in, but still).
- bin_bash 6y agoDoes the owner pay electricity in the UK? In the US the tenant pays it directly.